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Grange Hotel Site, Ingleby Avenue, Littleover, DE23 8DJ

Lot no: 62.0 Re-entry to a future auction
 

Guide Price £675,000 plus fees


Thursday 4th June 2015

12.00am
Key Features
A prime residential development site extending to approx. 1.5 acres with planning consent approved in 2015 for 14 dwellings. Lovely tree lined site in popular suburban location.
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Re-entry to a future auction

Land

Property Description

UNSOLD AT AUCTION: AVAILABLE AND OPEN TO OFFERS

FOR SALE BY AUCTION: THURSDAY 4TH JUNE

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

A prime residential development site extending to approx. 1.5 acres with planning consent approved in 2015 for 14 dwellings. Lovely tree lined site in popular suburban location. 
The site currently contains a fire damaged former hotel and the site offers potential for alternative commercial uses or a higher density scheme for smaller houses or apartments (subject to planning).

Planning Details
The site has the benefit of planning consent granted by Derby City Council under reference DER/07/14/00949/PRI dated 20th March 2015.

Directions
From the City centre take Burton Road and continue to the crossroads at Warwick Avenue.  Turn left down Warwick Avenue and at the next traffic island take the third exit onto Stenson Road, second left onto Village Street and Ingleby Avenue is the second on the right.

Vendors Solicitors/Licensed Conveyancers
Simpson Jones, 2 Stuart Street, Derby  DE1 2EQ  telephone 01332-200200

Tenure
Freehold. Vacant possession on completion.

Note
To comply with the Estate Agents Act 1979, interested buyers/purchasers are informed that the vendor is an associated company of Graham Penny Auctions Ltd.

Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note
Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of all property is subject to a buyers fee of £750 (inc VAT).

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

RESIDENTIAL DEVELOPMENT SITE

Feature 2

Extending to approx. 1.5 acres

Feature 3

Planning consent approved for 14 dwellings

Feature 4

Popular suburban location

Tenure: